What are the problems facing by the cooperative nowadays?
There is mistrust among co-operative members as well as amongst general members and the management / board. A key challenge within co-operatives is a lack of transparency between the governing board and the general members. There are often a lack of leadership and managerial and financial management skills.
What are the problems of agricultural cooperative?
The researcher found out that the problems facing agricultural cooperative extension includes; Lack of capital, Bad management, Hasty registration, It is observed that the literacy level among the members is low, based on the findings the researcher recommends that Government and financial institutions in the country …
What are the challenges faced by the sugarcane industry?
The major challenges of the sugar industry in India are given below: i The sugar industry is seasonal in nature. ii The methods of production are old and inefficient. iii Transport delay in reaching came to factories. iv There is a need to maximise the use of baggase.
Why do agricultural cooperatives fail?
However, according to most research/literature, agricultural cooperatives fail for many reasons, including but not limited to lack of capital, incompetent management and organizational deficiencies.
What is the main problem of the cooperative marketing sector?
Most of the cooperative societies are not financially strong enough to deliver vibrant products and services to ensure their market share. This is a basic challenge before the cooperatives. They should be made financially self sustained by increasing the members and their contribution as a share capital.
What is the advantage and disadvantage of cooperative?
Although being part of a business collective can increase a company’s purchasing power and cut its costs through service sharing, joining a cooperative can also have drawbacks. These include losing some control over operations and becoming less competitive.
What are the causes of conflict and lack of motivation among members of a cooperative society?
Hence, The causes of conflict and lack of motivation among the members of a cooperative society are limited capital, unloyalty members, differences in personalities, and no source of motivation.
What are the problems in agricultural marketing?
In agricultural marketing transportation cost, inadequate market infrastructure, lack of market information, lack of processing units, storage facility, price fluctuation are the major problems.
What are the importance of cooperative?
1) They aim to provide goods and services. 2) They aim to eliminate the unnecessary profits of middlemen in trade and commerce. 3) They seek to prevent the exploitation of the weaker members of society. 4) They aim to protect the rights of people both as producers and consumers.
What is a disadvantage of a cooperative?
Disadvantages of a co-operative include that: members have equal voting rights regardless of investment – which may not suit an investor-driven business. legal limits on payments of dividends on shares may not suit an investor-driven business.
Which is the disadvantage of co-operative society?
Co-operative societies are not able to raise their own resources. Their sources of financing are limited and they depend on government funds. The funding and the amount of funds that would be released by the government are uncertain. Therefore co-operatives are not able to plan their activities in the right manner.